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do you think of that comparison i really don't think there is a comparison i mean look look at the google facebook look at apple compared to sony i mean. america is still an entrepreneurial society look at the legacy car manufacturers which are coming back america apparel industry is recovering america is a dynamic vibrant economy where innovation takes place all the time only in japan japan post the second world war showed what it could do they were innovators they led the world in production engineering and manufacturing but no good manufacturing is nothing special you can find in any country around the world it's been the science of it's been formatted you need a society with creative tensions people prepared to think out of the box and create things in japan this leap walking to oblivion. there's no promotion of young talented people everything is based on age hierarchy they ignore their workforce women now finding women in the boardroom you won't find hardly any women in middle management level are i well mr word for it i appreciate you giving us that perspective because when people
do you think of that comparison i really don't think there is a comparison i mean look look at the google facebook look at apple compared to sony i mean. america is still an entrepreneurial society look at the legacy car manufacturers which are coming back america apparel industry is recovering america is a dynamic vibrant economy where innovation takes place all the time only in japan japan post the second world war showed what it could do they were innovators they led the world in production...
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>> can i google it? >> bad news. bad news. fiscal cliff end of the world apparently. >> is it dangerous cliff. >> seems to be. >> how do you feel about it? >> i am a middle class woman whashgs do you think? >> isn't that like a government? this is embarrassing. >> what will happen if they don't fix it? >> it remind me of something i learned about in school but i am going to guess some type of cliff like mountain avalanche type of cliff maybe. >> how tall is it? >> i would say 370 some feet. >> many people thought it was an actual cliff. i guess the word fiscal -- >> some people thought it was a movie or the guy from cheers cliff. >> janice dean has the weather report for us. >> some people say it feels like an avalanche out there. >> you can see the temperature change. 25 degree difference in new york. that's why people are angry. what happened to our warm temperatures. 31 in nyc, 32 philadelphia. we are talking about witnessed chills what it feels like outside. feels like 17 in buffalo feels about 5-10 degrees difference when
>> can i google it? >> bad news. bad news. fiscal cliff end of the world apparently. >> is it dangerous cliff. >> seems to be. >> how do you feel about it? >> i am a middle class woman whashgs do you think? >> isn't that like a government? this is embarrassing. >> what will happen if they don't fix it? >> it remind me of something i learned about in school but i am going to guess some type of cliff like mountain avalanche type of cliff...
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the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in steve jobs' apple rather than tim cook's apple? >> absolutely. >> is that why we've seen this 23% decline in the stock recently as some of that is starting to dawn on them? >> absolutely. i'll do you one better. it's a great question. i think analysts still think they're forecasting and following steve jobs' growth. the bad news is that it's the wrong model. that era has ended. there's lots of exciting things to do. the story is not over. the future is potentially very bright. folks need to move away from maintaining the margin and benchmark everything against steve jobs. the mar
the difference between apple and google is they're not public about it. we don't know what they're working on other than these p patent filings. trust me, they're working on big, new, exciting things. even wearable computers. >> let's hope. we haven't seen them though. maybe. >> it just occurred to me, we talk about tim cook versus steve jobs and is the company different and how is it different and all that. is it possible, max, that shareholders think they are still investing in...
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writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its prediction for 2012 now within reach, jpmorgan's tom lee on the market's next move. net gain, netflix shares up again as the company rides the halo of its disney deal. where is the next stop? one stock, two opinions in a halftime debate. first our top story the sudden sell-off in shares of apple, after posting its worst trading day in four years, the stock is rebounding but has still lost more than $35 billion in market cap over the past few days. jon fortt is in silicon valley with the latest, the worst performance of three days since 2008. what is the buzz in the valley? >> we've heard multiple theories why the stock has been falling, people se
writes make a tv in which the sound does not go up for commercials and i'll be the first is a-to-say google will copy apple if they are successful, samit bhatt. now we have scott wapner and "fast money." >>> welcome to "the halftime show." four hours to go until the close. green arrows across the board. 13,041 the dow jones industrial average, all of the major averages in the green. here's what we're following on "halftime" target practice with its...
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apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the ipad mini isn't selling, the imac is done, there's no special dividend, we've got a stock chart that is the -- >> sell, sell, sell, sell! >> excuse me for a moment while i get nauseated. apple went down today because it's a big dollar amount stock and it makes a ton of economic sense to ring the register before year-end. why do i always say about apple? own it. shocker. how about citigroup? this company's crushed shareholders for many, many years, but this new management team, you've got to hand it to them for taking tough medicine right before the holidays, firing 11,000 people, shutting down underperforming operations around the globe. no, i don't want to work there, and i feel terrible at the layoffs. i've got a ton of friends over at citi, but i would be happy if i were a shareholder. the stock went up on the news. never easy to change your mind. something we're asking of our politicians, they can't do that. but citigroup's management was willing to take the hard medicine for
apple's losing share to google, it doesn't have the right phones in europe, nokia's making a comeback, the ipad mini isn't selling, the imac is done, there's no special dividend, we've got a stock chart that is the -- >> sell, sell, sell, sell! >> excuse me for a moment while i get nauseated. apple went down today because it's a big dollar amount stock and it makes a ton of economic sense to ring the register before year-end. why do i always say about apple? own it. shocker. how...
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really is quite phenomenal because i think putting it into perspective you can see look at that there we google is going to get money just that as for ford search engines are your thing you get fourteen food companies not the most it's forty four nokia's forty four of the second biggest phone companies in the world as well get a phone so if you fancy you get a most valuable company dimitri apple you can get it for five hundred billion you also have a spare one hundred billion to spend on that right so it's a lot of money but why is there such a huge lack of funds for the world that is the problem and it's because they're struggling simple as that i mean we know it's tough times at the moment but they seem to be not being able to come up to the bar in terms of these rules that have come into play for the basel committee and they said to them they want them to triple the core capital which is quite a substantial amount and it's all come about because of what happened with the lehman brothers back in two thousand and eight they don't want another catastrophic disaster to happen and we know it's st
really is quite phenomenal because i think putting it into perspective you can see look at that there we google is going to get money just that as for ford search engines are your thing you get fourteen food companies not the most it's forty four nokia's forty four of the second biggest phone companies in the world as well get a phone so if you fancy you get a most valuable company dimitri apple you can get it for five hundred billion you also have a spare one hundred billion to spend on that...
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it's every single day if you google. thanks, congressman. >> thanks so much. >> greta: breaking news out of egypt. the crisis there getting worse. violent clashes erupting between protesters and supporters of president morsi. the latest from cairo is next. >>> plus, we're going to have more on this breaking news in syria. president assad is preparing to do the absolute unthinkable, to unleash deadly sarin gas against his own people. there's a report tonight the nerve gas is locked and loaded inside canisters and ambassador john bolton is here coming up. [ female announcer ] research suggests cell health plays a key role throughout our lives. one a day women's 50+ is a complete multivitamin designed for women's health concerns as we age. it has 7 antioxidants to support cell health. one a day 50+. gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her likes 50% more cash. but i'm upping my game. do you want a candy cane? yes! do you want the puppy? yes! do you want a tricycle? yes! do you
it's every single day if you google. thanks, congressman. >> thanks so much. >> greta: breaking news out of egypt. the crisis there getting worse. violent clashes erupting between protesters and supporters of president morsi. the latest from cairo is next. >>> plus, we're going to have more on this breaking news in syria. president assad is preparing to do the absolute unthinkable, to unleash deadly sarin gas against his own people. there's a report tonight the nerve gas is...
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it's every single day if you google. thanks, congressman. >> thanks so much. >> greta: breaking news out of egypt. the crisis there getting worse. violent clashes erupting between protesters and supporters of president morsi. the latest from cairo is next. >>> plus, we're going to have more on this breaking news in syria. president assad is preparing to do the absolute unthinkable, to unleash deadly sarin gas against his own people. there's a report tonight the nerve gas is locked and loaded inside canisters and ambassador john bolton is here coming up. it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management [ male announcer ] it started long ago. the joy of giving something everything you've got. it takes passion. and it's not letting up anytime soon. at unitedhealthcare insurance comp
it's every single day if you google. thanks, congressman. >> thanks so much. >> greta: breaking news out of egypt. the crisis there getting worse. violent clashes erupting between protesters and supporters of president morsi. the latest from cairo is next. >>> plus, we're going to have more on this breaking news in syria. president assad is preparing to do the absolute unthinkable, to unleash deadly sarin gas against his own people. there's a report tonight the nerve gas is...
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not when i spoke to them in persian, but when we googled their names in persian to call up what they had said to the iranian press, they talked about how the colonial vestige of the american satan must be expelled forthwith. so a slight difference in tone between what they were saying in english and what they were saying in persian. that's constantly a problem, of course, in the middle east as you know where interlocutors will be told one thing, and they will be told another thing subsequently. when it comes to television, most baa rainny -- bahrainis will listen to iranian television and radio almost exclusively. most bahraini shiites, i should say. now, when it comes to the media, often times what the iranians will do is distribute cell phones, distribute video cameras and urge students to be stringers. if you can film anything of interest, send it back, and we'll give you a salary. this encourages people to film greater unrest. instead of having one voice of an american correspondent, imagine having 500 voices of iran correspondents in the area, and this is the problem we have. >>
not when i spoke to them in persian, but when we googled their names in persian to call up what they had said to the iranian press, they talked about how the colonial vestige of the american satan must be expelled forthwith. so a slight difference in tone between what they were saying in english and what they were saying in persian. that's constantly a problem, of course, in the middle east as you know where interlocutors will be told one thing, and they will be told another thing subsequently....
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predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> gretchen: big fox news alert for you. you are looking at brad new video this is kit kate middleton and prince william leaving the hospital. the expectant mom was hospitalized for morning sick. she is head to kensington palace for r and r. this doctor is the expert on this sort of thing. the big news is she's out of the hospital which from your point of view is good news. >> that means she will eat and drink and maintain her nutrition and weight. very good news. >> gretchen: what did she suffer from. >> for those of lucky of pregnant and children we know what morning sickness foals like. >> right. hyperemesis gravidarum is morning sickness on steroids . persistant nauseous and vomiting and unable to maintain nutrition and hydration that can lead a woman in a state of the sarvation that is bad in pregnancy and it is a condition that we don't understand the cause of and related to pregnancy hormones and it leads to seveer
predictive intelligence with google now complete. introducing droid dna by htc. it's not an upgrade to your phone. it's an upgrade to yourself. >> gretchen: big fox news alert for you. you are looking at brad new video this is kit kate middleton and prince william leaving the hospital. the expectant mom was hospitalized for morning sick. she is head to kensington palace for r and r. this doctor is the expert on this sort of thing. the big news is she's out of the hospital which from your...
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>> there is certainly a chance of that and i think google and amazon they will capture the more price sensitive customer. i think important thing to consider in smartphones and tablets apple doesn't need 100% of the market. if you think about the smartphone business in total over the next few years, most of the growth will come from emerging markets. it will be lower priced hand-sets and probably android. as long as apple maintains premium share of smartphone market say at high-end we think they will be fine. david: bring an, bring it to where we started and tax issue and how much that apt affects the trade now. the people locking in profits now and are selling will they buy back in at the lower rate after the first of the year? >> i certainly think that is the case. it is certainly possible if they have a good quarter in the beginning of january. so i think that could be a catalyst to get investors to pile back in. david: let me press you, brian before you go, what do you think the price will be when that happens, when it gets back to the new normal? what will it be in 2013? >> we th
>> there is certainly a chance of that and i think google and amazon they will capture the more price sensitive customer. i think important thing to consider in smartphones and tablets apple doesn't need 100% of the market. if you think about the smartphone business in total over the next few years, most of the growth will come from emerging markets. it will be lower priced hand-sets and probably android. as long as apple maintains premium share of smartphone market say at high-end we...
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there is google. >> uh-huh. >> and there is one more. and there's this competition. is that where the game is in the digital revolution? what happens between those four companies? >> well, i definitely think those four companies are sort of very much affecting the whole sort of digital landscape, but there's a lot of other companies out there that are making meaningful impacts. you guys had mark pink its its yesterday. >> you watched. >> yes, i watched. for gaming, we're for music, and netflix for video. many other companies are doing many things as well. >> you saw the gangnam-style guy, getting reportedly $8 million from youtube, and the itunes it down load. what does that say about the future, do you think, of the music industry? they can get $8 million from youtube? >> i think it's great, because all of these sources of revenue just means we're going to get the music industry back to growth again. >> daniel, thank you so much. >> thank you. >> you can visit cbs "this morning."com to subscribe to our spotify play list. >> were she some good one on there, too. >>>
there is google. >> uh-huh. >> and there is one more. and there's this competition. is that where the game is in the digital revolution? what happens between those four companies? >> well, i definitely think those four companies are sort of very much affecting the whole sort of digital landscape, but there's a lot of other companies out there that are making meaningful impacts. you guys had mark pink its its yesterday. >> you watched. >> yes, i watched. for gaming,...
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by analysts a forecast by an influential research firm suggesting the iphone iphone is giving up to google's headlines. apple accounts for the entirely of the mass dnasdaq's fall of 1. apple is enjoying its best day since early last week. didn't close on its highs but equities up 8% points or so. futures back in positive territory, up 15 and down and up five or so. everybody's watching what's going on in d.c. overnight in asia it was mixed but not big moves sni where, japan had a good day and in europe we have green roar rows yesterday morning which pour tended good things for us here, germany doing the best. >> as expect the bank of england and european central banks left their ratings unchanged. mario draghi will hold his post meeting news conference. steve liesman has more exclusive raults from our all-america economic survey. >> what do people think about the fiscal cliff. consumer confidence has remind high. business confidence is down so the first thing we want to know, that's not the right chart, we want to do on whether or not people heard about the fiscal cliff. have you heard of it
by analysts a forecast by an influential research firm suggesting the iphone iphone is giving up to google's headlines. apple accounts for the entirely of the mass dnasdaq's fall of 1. apple is enjoying its best day since early last week. didn't close on its highs but equities up 8% points or so. futures back in positive territory, up 15 and down and up five or so. everybody's watching what's going on in d.c. overnight in asia it was mixed but not big moves sni where, japan had a good day and...
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there's been a report out they are losing share to google's android. there is also concern about capital gains taxes. apple has been such a great performer over the last couple years that if you believe capital gains taxes are going to go up this has been a big winner for you. that's selling now could save you a ton of money versus selling next year. it's kind of a couple different head winds but i love the story. i think it will be a small portion of mac manufacturing but, still, having any manufacturing coming back to the united states especially high tech manufacturing from a leading company like apple, i think sends a very, very strong and good message. >> brian, harold ford. good morning. >> good morning. >> the questions around apple and whether the competition from, you mentioned android, but what microsoft is doing and obviously other companies, how does that affect the stock price going forward? andy surfs on saying it is a good price for the stock. how do you think the market is interpreting this? >> two things, harold. they're good questions
there's been a report out they are losing share to google's android. there is also concern about capital gains taxes. apple has been such a great performer over the last couple years that if you believe capital gains taxes are going to go up this has been a big winner for you. that's selling now could save you a ton of money versus selling next year. it's kind of a couple different head winds but i love the story. i think it will be a small portion of mac manufacturing but, still, having any...